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Wednesday, March 12, 2014

INDIAN BENCHMARK started on a flat note in the opening trades. Industrial production expanded by 0.1% in January. CPI inflation came in better than expected, easing to 8.1% in February from 8.8% in January.

FURTHER, Apollo Hospitals Enterprise Ltd is expected to infuse an additional investment of around Rs870mn for its upcoming Navi Mumbai facility. Wipro has entered into a strategic partnership with the US-based SGI to service its customers and partners in big data and computing, and expand its market presence in India.

Trend in FII flows: The FIIs were net buyers of Rs.864cr in the cash segment on Wednesday while the domestic institutional investors (DIIs) were net sellers of Rs. 821cr, as per the provisional figures released by the NSE.


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